First Trust Short Duration Managed Municipal ETF (FSMB)

Assets	$589.74M
Expense Ratio	0.34%
PE Ratio	n/a
Shares Out	29.50M
Dividend (ttm)	$0.63
Dividend Yield	3.14%
Ex-Dividend Date	Apr 21, 2026
Payout Frequency	Monthly
Payout Ratio	n/a

Volume	568,385
Open	19.99
Previous Close	20.00
Day's Range	19.98 - 20.00
52-Week Low	19.69
52-Week High	20.25
Beta	0.12
Holdings	549
Inception Date	Nov 1, 2018

About FSMB

Fund Home Page

The First Trust Short Duration Managed Municipal ETF (FSMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of US municipal debt with a targeted portfolio duration of 1 to 3 years. The fund seeks tax-exempt income and capital preservation. FSMB was launched on Nov 1, 2018 and is issued by First Trust.

• Asset Class: Fixed Income
• Category: Muni National Short
• Region: North America
• Stock Exchange: NYSEARCA
• Ticker Symbol: FSMB
• ETF Provider: First Trust

Dividend History

Ex-Dividend	Amount	Pay Date
Apr 21, 2026	$0.053	Apr 30, 2026
Mar 26, 2026	$0.053	Mar 31, 2026
Feb 20, 2026	$0.053	Feb 27, 2026
Jan 21, 2026	$0.053	Jan 30, 2026
Dec 12, 2025	$0.052	Dec 31, 2025
Nov 21, 2025	$0.052	Nov 28, 2025

Performance

FSMB had a total return of 4.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.16%.